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E-comm market may cross $50 bn in 2018

Digital-commerce market in India has grown steadily from $19.7 billion in 2015 to $13.6 billion in 2014

Press Trust of India 

E-commerce
E-commerce

The in the country is expected to cross $50 billion in value by the end of 2018 from the current level of $38.5 billion.

This is due to a growing and increased number online shoppers, according to a recent study. The in India has grown steadily from $19.7 billion in 2015 to $13.6 billion in 2014, according to the study. The increasing mobile and internet penetration, advanced shipping and payment options, discounts, and the push into new international markets by are the major drivers behind this unprecedented growth, it said. Banks and other players in the are providing a to pay effortlessly through payment gateways.

First Published: Tue, December 26 2017. 02:24 IST
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